Naija currency wahala: Weakest currencies for 2026 don land

Chai! Na wetin we go talk now? Currency matter dey very serious for Africa as 2026 don open.

For many African countries, if your currency no strong at the beginning of the year, e get as e go take affect every other tin wey dey happen for your economy.

Omo, listen! Weak currency no be just small gist, e go fit affect inflation, how much we go pay for goods, and even how government dey spend money. You know say if country dey depend on imported food, fuel dey fight for survival, currency wahala fit turn to cost-of-living issue quick quick.

For Libya, we don see this matter play out. Their national bank don devalue Libyan dinar by 14.7% early dis year because of political wahala and oil earnings wey dey drop. E be like say this na the second time they devalue dis year alone. Na wetin we go do now?

As dem devalue the dinar, the cost of essential food don chop higher, and this matter dey carry serious wahala for their economy wey don dey face enough issues already.

Make una hear am! A weak currency dey trigger inflation, especially for countries wey no get strong domestic production to counter dependence on imports. Government budget go also suffer because e fit reduce the domestic value of their oil revenues.

Now, make we look the African countries wey dey carry the weakest currencies as we enter 2026. According to Forbes, dis na di list wey we get:

1. São Tomé & Príncipe – They dey sell their Dobra at 22,282 to one dollar.

2. Sierra Leone – The Leone dey go for 20,970 to one dollar.

3. Guinea – E dey stand at 8,700 to one dollar.

4. Madagascar – Their ariary dey exchange at 4,483 to one dollar.

5. Uganda – Dem dey sell Ugandan Shilling for 3,541 to one dollar.

6. Burundi – Burundian Franc dey exchange for 2,938 to one dollar.

7. Tanzania – Tanzania Shilling dey go for 2,548 to one dollar.

This matter no fit play small. If we look am well, e go make sense say countries wey no get strong currency go face real challenges, abi you gree with me?

So, if we dey reason am like dis, a strong currency go help reduce the cost of goods, both imported and local, and this na wetin plenty consumers dey pray for.

If currency fit stabilize, e fit help promote confidence among investors, boost foreign direct investment, and make economic growth dey shine. Na wetin we dey wish for everybody for Africa. So, mek we dey watch how dis currency matter dey unfold as di year dey roll out.